Posts Tagged ‘Cervantes’
“I keep pressing the space bar on my keyboard, but I’m still on Earth”*…
Anyone can start their own micronation. The hard part is getting the snobbish macronations to accept you into their club. Wikipedia has a list of about 90 micronations from the past and present…
The founder of the Nation of Celestial Space (aka Celestia) wanted nothing more than to have the United Nations recognize his micronation. James Thomas Mangan, a 52-year-old Chicago publicist, self-help author, and industrial designer founded the Nation of Celestial Space in 1948, claiming the entirety of outer space, ‘‘specifically exempting from claim every celestial body, whether star, planet, satellite, or comet, and every fragment.” In other words, Celestia owned no matter — just the empty space the matter occupied. (Celestia’s charter made an exception for the Moon, Venus, and Mars and its two moons as “Proclaimed Protectorates.”)…
Mangan registered Celestia with the Cook County, Illinois Recorder and mailed letters to the secretaries of state from 74 countries and the United Nations asking them to formally recognize the Nation of Celestial Space. They ignored him. “Only my wife, my son, and my partner see the depth of it,” he told a reporter in the May 1949 issue of Science Illustrated. “This is a new, bold, immodest idea.” In 1958 Mangan took it upon himself to travel to the UN building in New York City and run the Celestia flag up a pole alongside the other national flags flying there. UN security personnel quickly removed the flag and told Mangan not to try it again…
From the remarkable Mark Frauenfelder (@Frauenfelder), the tale of the man who declared the entire universe to be a country under his protection: “Dictator of the Vacuum of Space“– a feature in Mark’s newsletter, The Magnet, eminently worthy of subscription.
* anonymous
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As we celebrate sovereignty, we might rejoice in the naively noble: it was on this date in 1605 that El Ingenioso Hidalgo Don Quijote de la Mancha ( or The Ingenious Hidalgo Don Quixote of La Mancha— aka Don Quixote), the masterwork of Miguel de Cervantes (and of the Spanish Golden Age) and a founding work of Western literature, was first published. Widely considered the first modern novel published in the Western world, it is also considered by many (still) to be the best; it is in any case the second most translated work in the world (after the Bible).

“Commodities tend to zig when the equity markets zag”*…
On the subject of things– things that matter, whether we are active investors or not– that we might (to our peril) take for granted…
There are plenty of expensive assets in the world today. The past decade of loose monetary policy and central bank money dumps have created the infamous “bubble in everything”. This is one reason we now have the bizarrely yo-yoing investment environment that we do, in which everything from risky stocks to safe gold is rising at the same time.
But one thing has remained reliably cheap — commodities. While the US equity market, which keeps ratcheting up to new highs, is almost as expensive as in the past 150 years, commodities are about as cheap relative to stocks as they’ve been in the past century.
Part of this is natural — and structural…
And yet, having watched the last big demand-driven oil spike in 2008, as well as the more financially driven price spike in 2011-12, which eventually came undone when central bankers pulled back on quantitative easing, I think it’s unwise to assume that we have entered a permanent bear market in commodities — at least not yet…
… if commodity prices did rise, there would be myriad ramifications. You would start to see the heads of petro states further emboldened, and populist nationalism increase globally — inflation in food and fuel prices hits the poor hardest, encouraging political volatility. That could, in turn, create new trade turmoil and the sort of disruption that the markets are currently discounting.
On the upside, though, demand for commodities is price elastic — once prices go too high, demand always falls. The cycle of replacing one source of energy with another has been playing out for hundreds of years, and continues. In an ideal world, the next commodities bubble, whenever it comes, could help us make what might be the final shift — away from fossil fuels and towards renewables.
The estimable Rana Foroohar explains there are many reasons for the US dollar to weaken, which would (among other drivers) cause commodity prices to rise: “Commodities may not stay cheap forever.”
* legendary investor Jim Rogers
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As we contemplate cycles, we might rejoice that it was on this date in 1605 that El Ingenioso Hidalgo Don Quijote de la Mancha ( or The Ingenious Hidalgo Don Quixote of La Mancha— aka Don Quixote), the masterwork of Miguel de Cervantes (and of the Spanish Golden Age) was first published.
“Don’t just do something, sit there”*…
You’ve heard of slow food and slow fashion. Now the BBC is spreading the gospel of slow radio.
The British public broadcaster’s Radio 3 programming this autumn will invite listeners to relax to the sounds of Irish cows being herded up a mountain and leaves crunching on walks through the country. Radio 3 controller Alan Davey tells The Guardian this “meditative, slightly old fashioned” radio will provide audiences with “a chance for quiet mindfulness.”
That sounds a lot like autonomous sensory meridian response (ASMR), or the pleasant calming sensation many people feel when listening to a range of gentle everyday noises, from softly spoken words to someone raking a zen garden…
More on soothing sound at: “The BBC is getting into ASMR.” And for those who can’t receive Radio Three…
* Buddhist saying
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As we’re muse on mindfulness, we might recall that it was on this date in 1597 that Miguel de Cervantes Saavedra, then a tax collector in the province of Grenada, was imprisoned in the Carcel Real, the royal prison in Seville, Spain. Apparently a subordinate had deposited tax receipts with an untrustworthy banker.
Forced to slow down, Cervantes took good advantage of his free time: he started plotting (but probably not actually writing) “El ingenioso hidalgo Don Quijote de La Mancha” (“The Ingenious Nobleman Sir Quixote of La Mancha“)– or as we have come to know it, Don Quixote. As Somerset Maugham said,”casting my mind’s eye over the whole of fiction, the only absolutely original creation that I can think of is Don Quixote.”
“Being crazy isn’t enough”*…
There are only three foodstuffs in American English the names of which can also mean “crazy”; learn the (fascinating) story of each at “Why Are Bananas, Nuts, and Crackers the Only Foods That Say ‘Crazy’?”
* Dr. Seuss
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As we entitle insanity, we might spare a thought for the man who introduced “crazy” to literature, Miguel de Cervantes Saavedra; he died on this date in 1616 (though some scholars put it a day earlier)– the same day as Shakespeare died, and (most likely) Shakespeare’s birthday. As Somerset Maugham said,”casting my mind’s eye over the whole of fiction, the only absolutely original creation that I can think of is Don Quixote.”
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